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Taylor Morrison upgraded at Wolfe Research on ‘higher for longer’ mortgages

As previously reported, Wolfe Research upgraded Taylor Morrison (TMHC) to Outperform from Peer Perform with a $76 price target The firm sees value in the company’s improved margin and returns profile, while it believes the company’s more balanced consumer segmentation approach likely outperforms in what appears to be a higher for longer mortgage rate environment, the analyst tells investors.

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